The new law of 10 August 2016 regarding the modernisation of Luxembourg Company Law came into force on 23 August 2016 (the "Law"). It impacts mainly the Luxembourg Civil Code, the Law of 10 August 1915 concerning commercial companies and the Law of 19 December 2002 concerning the Trade and Companies Register.

This newsletter summarizes the main changes to the rules applicable to Luxembourg public limited liability companies (sociétés anonymes, "S.A.").

On 13 July 2016 the House of Representatives (Chambre des Députés) passed an important set of amendments to Luxembourg company law, by approving the long-awaited draft bill of law No. 5730. This bill was adopted on 18 July 2016. The new law, yet to be published in the Luxembourg Official Gazette, impacts mainly the Luxembourg Civil Code, the Law of 10 August 1915 concerning commercial companies and the Law of 19 December 2002 concerning the Trade and Companies register (the "Law").